143 Lincoln Ave The Bronx, NY 10454

Building Details

Year Built

1910

Listing agency Keller Williams Realty NYC Group E***@kw.com Show Phone

Listed by Emmanuel Heredia Show Phone

Source Elliman

Added: Mar 10 Updated: Jul 6 at 11:04AM Checked: Jul 21 at 8:58AM

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Investment Insights

Based on property information with market context.

Located in the Port Morris section of the Bronx, 143-153 Lincoln Avenue is a property featuring six brick, 4-story walk-up buildings. The property spans 12,500 sq. ft. and includes 29 residential units and two commercial spaces. The residential units consist of a mix of 1- and 2-bedroom apartments, mostly occupied and in good condition, providing rental income. The commercial spaces are leased to thriving small businesses. The expansive lot offers development potential, with preliminary studies suggesting up to 11 additional residential units and 1 commercial space could be built. Situated one block from the 3rd Avenue Bridge, the property provides access to Manhattan and major highways. The surrounding neighborhood is undergoing growth and revitalization, making this an opportunity for investors seeking both immediate cash flow and long-term value appreciation.

Key Highlights

• Prime investment opportunity in the growing Port Morris section of the Bronx.
• Steady rental income from 29 residential units and two commercial spaces.
• Development potential for up to 11 additional residential units and 1 commercial space.

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FAQs

What type of property is this?

Apartment building - Multifamily property with retail spaces and development potential.

Where is this apartment building located?

The property is located at 143 Lincoln Ave The Bronx, NY.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: Prime investment opportunity in the growing Port Morris section of the Bronx.; Steady rental income from 29 residential units and two commercial spaces.; Development potential for up to 11 additional residential units and 1 commercial space.